Real Estate
The institution made the bevy of commitments with existing managers within its long-term portfolio between October and January.
The plan committed to a buyout fund and an opportunistic real estate fund at its board meeting yesterday.
Plan first invested with the real estate manager in 2012.
The commitments include two new relationships for the plan.
The plan approved new credit, venture capital and real estate commitments as well as several changes to its target asset allocation last week.
The plan is searching for opportunistic and value-add strategies.
The plan made commitments across private equity, private credit and real estate as part of its annual pacing plan.
Plan committed to direct lending, infrastructure and real estate strategies with existing managers yesterday.
The transaction is expected to close in the second quarter.
Commitment is first of two to non-core real estate funds anticipated this year.
